Buy — Vanguard 500 Index Fund

: Over the last decade, a $1,000 investment in the fund would have grown to approximately $3,900 . Historically, the S&P 500 has rewarded patient investors, with dividends accounting for nearly half of the total growth rate over very long periods.

Investors can choose between the or the Mutual Fund (VFIAX) version. VFIAX-Vanguard 500 Index Fund Admiral Shares

: The fund is heavily weighted toward high-growth sectors, with technology making up roughly 23.7% of the portfolio, followed by healthcare and financial services. How to Buy: A Step-by-Step Guide